What email address or phone number would you like to use to sign in to Docs.com?
If you already have an account that you use with Office or other Microsoft services, enter it here.
Or sign in with:
Signing in allows you to download and like content, and it provides the authors analytical data about your interactions with their content.
Embed code for: Alhuda cibe-Interest Free Agriculture E-Credit Scheme
Select a size
Alhuda cibe-Interest Free Agriculture E-Credit Scheme
Religiosity and threshold effect in social and financial performance of microfinance institutions
Mohammad Ashraful Mobin
Interest Free Agriculture E-Credit Scheme BY Dr. Amjad Saqib 08-11-2016
Background of Project
The Government of Punjab (GoPb) has taken an initiative to promote the wellbeing of small farmers, having land holding up to 2.5 Acres, through provision of interest free loans. The objective of the Interest Free Agriculture E-Credit Scheme is to increase the outreach of formal and digital financial services to ensure financial inclusion.
Available in all districts of Punjab.
Farmers having land holding of up to 2.5 acres.
Tenants and sharecroppers are also eligible for Interest Free Loans.
The applicant farmer/Tenant/share cropper should be the resident of same village where the land is located.
30% farmers may have existing lending relations with financial institutions whereas 70 % would be fresh borrowers.
Service charges of SPO shall be borne by Government of Punjab.
Loans will be awarded on social or personal guarantees.
Agri E-Credit Scheme
Loan Process for
Agri. E-Credit Scheme
Public Private Partnership
Public Private Partnerships
Funds Allocated $
Funds Received $
Chief Minister’s Self Employment Scheme (CMSES-Punjab)
Chief Minister’s Self Employment Scheme- Gilgit Baltistan (CMSES-GB)
Prime Minister’s Interest Free Loan Scheme (PMIFL)
Governor KP Scheme for Federally Administrative Tribal Areas (FATA)
Technical Educational and Vocational Training Authority (TEVTA) Interest Free Loan Scheme
First ever interest free loans projects on such scale.
Loan size ranges from Rs. 10,000 to Rs. 50,000.
Loans are given for businesses and setting small enterprise only.
Graduates of PVTC, TEVTA and technical/vocational institutions are preferred.
Loans are disbursed in mosques/church to ensure transparency and participation.
There is no mark-up or interest on these loans.
Loans are disbursed in 450 locations of 60 districts of the province.
Loans are given after due scrutiny and appraisal according to an eligibility criterion, on first come first serve basis.
More than 1,400,000 loans have been disbursed so far.
This is the largest interest free small loans scheme in Pakistan jointly ventured by a Government agency and a civil society organization.
Total funds released so far: Rs. 10 billion
Progress Report of CMSES- Punjab
Picture of Rajanpur Branch, Rajanpur
Picture of Bahwalpur Qasim Town Branch, Bahawalpur
Picture of Jahania Branch, Khanewal
Picture of D.G Khan Branch
Beneficiaries of Akhuwat
Sewing & Tailoring
AlHuda CIBE FZ LLE - U.A.E
P: + 971 56 9286664, + 971 55 938 99 00
AlHuda Center of Islamic Banking & Economics - Pakistan
Ph: (92-42) 35913096 - 98, Fax: (92-42) 35913056